Cynosure Group LLC Sells 3,327 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cynosure Group LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,418 shares of the company’s stock after selling 3,327 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 1.3% of Cynosure Group LLC’s investment portfolio, making the stock its 19th biggest position. Cynosure Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,861,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of QUAL. Signaturefd LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after buying an additional 227 shares during the period. Provident Investment Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 5.8% during the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after acquiring an additional 614 shares during the period. Annandale Capital LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.4% during the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after acquiring an additional 363 shares during the period. Calamos Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 26.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 1,727 shares of the company’s stock worth $295,000 after purchasing an additional 365 shares in the last quarter. Finally, Crestwood Advisors Group LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 103.2% in the 2nd quarter. Crestwood Advisors Group LLC now owns 23,057 shares of the company’s stock valued at $3,937,000 after purchasing an additional 11,711 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $184.59 on Wednesday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The firm has a market capitalization of $48.71 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a fifty day moving average price of $180.44 and a 200-day moving average price of $174.34.

iShares MSCI USA Quality Factor ETF Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.